So You Wanna Buy A Condo?

[thaigene2]

There is a big difference. I'd like some of the developer types to respond here. The developer is required to declare (or the municipality or amphur decides by the plan) as to they type. This is crucial to the price you pay. If you are paying 70,000 ++ for B Grade you are paying WAY TOO MUCH!!

[backflip]

Please explain the difference? Do you really think there's an official definition of "grade A" or "grade B" condos? Eggs in the US, perhaps, but not condos - anywhere.

[thaigene2]

Please explain the difference? Do you really think there's an official definition of "grade A" or "grade B" condos? Eggs in the US, perhaps, but not condos - anywhere.

Hi backflip

Yes, there is a definite difference. It's officially either an A Grade development or B Grade. A Grade means higher quality construction. You only find out when you ask. But ask someone who knows - not the cute girl in braces. Though you could always offer to educate her over dinner!

[Gary A]

I have waited an answer and have seen none. I DON'T know the difference between grade A, B, C or D. Perhaps you can explain the difference. Are there only grade A and B? What about the shoebox 28 square meter rooms they call condos? Are the 60 square meter corner units in a nice complex grade A or B? Is the entire complex rated the same?

[thaigene2]

I have waited an answer and have seen none. I DON'T know the difference between grade A, B, C or D. Perhaps you can explain the difference. Are there only grade A and B? What about the shoebox 28 square meter rooms they call condos? Are the 60 square meter corner units in a nice complex grade A or B? Is the entire complex rated the same?

It's too bad Sunbelt or one of these other experts out there won't speak up on this. Yes the buildings/developments are graded..but I'm not an expert either and so don;t know what the criteria are. I've only ever looked at A and B. But there could be a C grade too.

If you ask the developer - again ask the guy in charge not the sale's girl - they will tell you.

Please will someone explain the criteria for Grading the developments A, B, C etc?

[backflip]

"A Grade means higher quality construction."

Give me a break. No developer would advertise a its real estate as "grade B". As for brokers and agents, they will sell you whatever they have, regardless of grade.

[Gary A]

Here's another fly in the ointment. Some of the upscale condo units I have looked at in the past, mostly pre-construction, have had a restriction that states the unit MUST be occupied by only owners. Rentals are prohibited. That means that if the 49 percent farang share is sold out and they can't sell the other Thai share units, the condo will never have enough maintenance money to be able to operate.